XM Satellite Radio boosts monthly charges http://tinyurl.com/n3w8n Pay radio is becoming more expensive. Canadian Satellite Radio, the operators of the XM Canada satellite radio service, plans to boost monthly fees by $2 in September to curb huge losses. Effective Sept. 1, new subscribers will pay $14.99 a month for the service. Current subscribers and those who sign on before Sept. 1 will stay at the old price of $12.99 for an additional year. XM says it generated revenue of $2.34 million in the quarter ended May 31, from subscriptions, activations, advertising and the sale of radios. But losses totalled $20.4 million. For the first nine months of the year, CSR says it lost $79 million on revenue of $3.53 million. CSR says it had 80,000 subscribers for XM Canada by the end of May, exceeding projections of 75,000 subscribers by the end of August. The company is forecasting a million subscribers by August 2010.